EGX sees bullish trend on Thursday

Updated 11/28/2024 3:20:00 PM
EGX sees bullish trend on Thursday

Arab Finance: The Egyptian Exchange’s (EGX) indices showed an upward trend on Thursday, with market capitalization hitting EGP 2.212 trillion.

The benchmark EGX30 index gained 1.33%, finishing the session at 30,242.13 points.

The small- and mid-cap EGX70 equal-weight index (EWI) added 0.34% to close at 8,275.86 points, while the EGX100 index increased by 0.45%, ending the session at 11,379.84 points.

The Sharia-compliant index, EGX33 Shariah index, added 0.91%, concluding the session at 3,130.34 points.

Trading volume amounted to 707.095 million shares exchanged through 80,135 transactions at a turnover of EGP 2.516 billion.

Retail investors controlled 77.82% of total trading transactions, while institutional investors made up 22.17% of trading.

Egyptian traders made up 86.62% of total trading transactions, while Arab and foreign investors accounted for 4.4% and 8.97%, respectively.

Egyptian and Arab investors were net sellers with EGP 2.786 million and EGP 8.629 million, respectively. Foreign traders were net buyers with EGP 11.416 million.

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